On the 11th June, Icertis
announced plans to work with Microsoft to further develop its blockchain contracting system. Founded in the state of Washington, Icertis provides enterprises with a cloud-based contract management platform and aims to expand its use of smart contracts with this collaboration. Icertis is already working with
Mercedes-Benz cars to leverage its blockchain platform.
The contracting system, Icertis Blockchain Framework, is hosted on Microsoft’s Azure cloud platform. This week’s announcement claims that it is the first framework to link DLT to enterprise contract management “in a meaningful way”.
The partnership plans to expand the Icertis Blockchain Framework with current Microsoft blockchain software and Azure Cognitive Services to bring AI and machine learning to contracting.
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